Deans Court Chambers’ expertise in financial crime has led to an ever-increasing volume of work before financial tribunals such as the FCA and ACCA. The team have particular expertise and experience in providing professional disciplinary advice and advocacy for cases involving the following:
-Association of Chartered Certified Accountants (ACCA)
-Institute of Chartered Accountants in England and Wales (ICAEW)
-Chartered Institute of Management Accountants (CIMA)
-Accountancy and Actuarial Disciplinary Board (AADB)
-ACCA case concerning allegations of accountant knowingly assisting a person disqualified from being a director in being concerned in the management of companies; 2016.
-ACCA case concerning allegations of misconduct and other breaches by Insolvency Practitioner acting as receiver of solicitor’s firm; 2015-2016.
-ACCA case against a former ACCA Council member concerning alleged dishonest announcements by an international accountancy organisation about a merger.
-Representation of a Chartered Accountant before the Institute of Chartered Accountants and successfully maintained his membership by avoiding exclusion. He had been brought before the Institute following the collapse of a stockbroking firm, he had been Financial Director for. During his tenure, the firm had relied upon a guarantee in the sum of £2million which it transpired did not exist causing loss to clients. He had been grossly misled by his Managing Director and an investor in the firm. He had already been prosecuted by the Financial Conduct Authority who stripped him of his authorisation to undertake regulated activities and the Insolvency Service who had disqualified him as a company director. He appeared before the Institute facing exclusion from the register of Chartered Accountants. As a result of the action taken by the FCA and the Insolvency Service the only real employment he could obtain was that teaching at a college and this would have been jeopardised by any exclusion. Despite the starting point in his case being exclusion, the Institute drew back from this sanction and instead imposed a Severe Reprimand. The accountant had exhausted all his savings and finances on the legal costs and fines from the FCA and Insolvency Service prosecutions and consequently could not afford representation at the Institute.